financetom
Business
financetom
/
Business
/
Tesla's Germany Plant Halts Production After Suspected Arson Attack
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Tesla's Germany Plant Halts Production After Suspected Arson Attack
Mar 5, 2024 5:59 AM

08:37 AM EST, 03/05/2024 (MT Newswires) -- Tesla (TSLA) on Tuesday has halted production in its gigafactory in Germany, which was left without power after a suspected arson attack on a nearby electricity pylon, several media outlets reported.

A blaze in the power grid supplying the Tesla plant was extinguished by the fire brigade and did not spread to the site, but it caused a power outage that also affected nearby villages, according to these reports.

Police are investigating the incident and are currently assuming arson, the reports said.

Far-left extremist "Volcano Group" posted a letter on an alternative media website claiming it carried out the assault on the power grid, saying the US carmaker "consumes earth, resources, people, workers and in return spits out 6,000 SUVs, killer cars and monster trucks each week." Authorities are reportedly verifying the claim.

Tesla did not immediately respond to MT Newswires' request for comment.

Shares of the company were down nearly 3% in recent Tuesday premarket activity.

Price: 182.65, Change: -5.49, Percent Change: -2.92

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved